APP

UK
2026-08-11 08:55:54

UK parliamentary group asks major banks to explain treatment of crypto firms

Two co-chairs of the UK Parliament’s Crypto and Digital Assets APPG have written to the CEOs of all major British banks, asking them to explain how they handle crypto and digital asset businesses. The letter contains six questions covering current banking policies, whether services are offered to crypto companies, what transaction restrictions are in place, and what factors shape those decisions. It also asks whether banks plan to change their approach once the Financial Conduct Authority’s new regulatory regime takes effect. The move follows a parliamentary inquiry into access to banking services launched on July 21, with written submissions open until Aug. 31. The group said many crypto businesses struggle to open bank accounts in the UK, while some banks also restrict related payments. A January survey by the UK Cryptoasset Business Council estimated that 40% of transfers to crypto exchanges were blocked or delayed by banks. HSBC, NatWest, Monzo and Nationwide cap monthly transfers to exchanges at £5,000 to £10,000, while Starling and Chase UK prohibit such transfers entirely.

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UK parliamentary group asks major banks to explain treatment of crypto firms
UK
2026-08-11 08:41:17

UK lawmakers press major banks over crypto account refusals and payment curbs

Two co-chairs of the U.K. Parliament’s Crypto and Digital Assets All-Party Parliamentary Group have written to the chief executives of every major British bank, asking for detailed explanations of how they handle crypto and digital asset firms. The letter says the group has repeatedly heard that crypto companies struggle to open bank accounts in the U.K. and that several banks have imposed limits on crypto-related payments. The lawmakers argue that access to banking may be one of the biggest barriers to growth for the sector and could weaken the impact of the country’s upcoming crypto regime. The letter asks six questions covering each bank’s current policy, whether it serves crypto firms, what restrictions it places on crypto transactions, what drives that approach, whether the incoming regulatory framework will alter it, and what the government or regulators could do to help. The move comes after the APPG opened an inquiry into banking access on July 21, with written submissions due by Aug. 31. HM Treasury has already acknowledged the issue, with Economic Secretary Lucy Rigby telling Parliament in March that the government would not expect Financial Conduct Authority-licensed firms to face banking restrictions simply because of the sector they are in.

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UK lawmakers press major banks over crypto account refusals and payment curbs
UPBIT
2026-08-11 02:31:37

UPBIT to List DAPPOS (DOS) on Aug. 11 With KRW, BTC and USDT Markets

UPBIT is set to list DAPPOS (DOS) for trading at 14:00 on Aug. 11, according to a brief update cited by ChainCatcher. The exchange will open three trading pairs or market segments for the token: KRW, BTC and USDT. The notice also includes an operational detail for transfers. UPBIT said deposits and withdrawals for DOS will only be supported on the Ethereum network, meaning users need to select the correct network when moving funds. No other listing details were provided in the source update.

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UPBIT to List DAPPOS (DOS) on Aug. 11 With KRW, BTC and USDT Markets
Apple
2026-08-10 12:15:05

MacBook Air shortages deepen as Apple tests new memory suppliers under DRAM squeeze

Apple is facing tighter supply conditions for the MacBook Air as a global memory shortage ripples through its hardware lineup during the back-to-school season. Chinese consumers and retailers are reporting longer delivery times, scarce in-store inventory, and especially severe shortages for higher-memory M5 MacBook Air configurations. Apple CEO Tim Cook said on the company’s fiscal third-quarter earnings call that supply constraints in the quarter ended in June mainly hit the Mac business, while also affecting the iPhone and iPad to a lesser extent. He warned that the impact is expected to worsen in the September quarter as supply-chain flexibility declines. The supply crunch has also pushed Apple to look for additional DRAM sources. A report cited by Zhongxin Jingwei said Apple is testing memory chips from ChangXin Memory Technologies, or CXMT, in product lines including the iPhone and MacBook. At the same time, rising AI infrastructure demand has driven up prices for DRAM, NAND, HBM, DDR5 and enterprise SSD products, tightening available capacity across the memory market. Apple said it is evaluating all sourcing options, even as its latest quarterly revenue and Mac sales remained strong.

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MacBook Air shortages deepen as Apple tests new memory suppliers under DRAM squeeze
Bitget
2026-08-10 06:49:35

Bitget Launchpool Adds DAPPOS (DOS) With 700,000 DOS Prize Pool

Bitget Launchpool is set to host a DAPPOS (DOS) staking event with a combined prize pool of 700,000 DOS. The total allocation is divided across the two pools. The lock-up window opens at 19:00 UTC+8 on August 10 and closes at 19:00 UTC+8 on August 16. Two pools are running for the same period. In the BGB pool, 600,000 DOS will be airdropped; VIP users can stake up to 50,000 BGB, while ordinary users are capped at 5,000 BGB. In the DOS pool, 100,000 DOS will be airdropped, and each participant can stake up to 2,500,000 DOS. The caps apply on a per-user basis. Users interested in the DOS pool will need DOS in their Bitget accounts to participate, and deposits are already open. DOS is also scheduled for spot trading in Bitget's AI zone at 19:00 UTC+8 on August 10, the same time staking opens. Details were released through ChainCatcher.

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Bitget Launchpool Adds DAPPOS (DOS) With 700,000 DOS Prize Pool
Policy Regula
2026-08-09 12:50:40

Lawyer outlines when building encrypted chat apps could amount to aiding cybercrime

WuBlockchain reposted an article by lawyer Shao Shiwei examining when developers of encrypted messaging software could face criminal liability for aiding information-network crimes under Chinese law. The piece argues that writing and delivering chat software, even with end-to-end encryption, disappearing messages, or two-way message recall, does not by itself establish the offense. The legal hinge is whether the developer knew others were using the network to commit crimes, still provided technical support, and did so under serious circumstances. The article contrasts two cases. In a Changchun case included in the China Courts 2024 annual cases, developers who helped build, maintain, and later sell chat software, while allowing fake customer-service identities to be attached to accounts, were convicted. In a separate case handled by Shao’s team in Shanghai, a technology company that delivered a website framework under a formal contract, did not keep operating access, and did not continue maintenance was not approved for arrest, and the case was later dropped. The article says investigators typically infer “knowing” from objective facts rather than admissions. They look at customer identity, payment methods including USDT settlement, backend access, compliance documents, feature design, maintenance work after delivery, user-report handling, and whether the software was adjusted to evade takedowns or regulatory scrutiny.

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Lawyer outlines when building encrypted chat apps could amount to aiding cybercrime
U.S. CPI
2026-08-09 12:22:00

Weekly crypto calendar: U.S. July CPI due, Unitree Technology opens subscription on Aug. 10

The coming week features a dense slate of macro releases, regulatory milestones, project changes, and token unlocks that could draw attention across crypto and adjacent markets. In the U.S., July CPI is scheduled for Aug. 12, followed by PPI on Aug. 13. Japan’s central bank is set to release the summary of opinions from its July monetary policy meeting on Aug. 10, while Russia will begin enforcing a crypto mining ban in Moscow and several other areas starting Aug. 15 through Dec. 31, 2032. On the exchange and project side, Binance Alpha plans to launch a DAPPOS (DOS) airdrop on Aug. 10. Victory Securities will begin charging a 0.05% monthly insurance fee on virtual asset accounts supported by HashKey custody. Superseed said it will abandon its self-built Layer 2 and return focus to Ethereum mainnet, requiring users to bridge assets out by Aug. 15, 2026. Flash Trade said it may wind down if no suitable buyer is found, and the team will hold an AMA on Aug. 11. Several token unlocks are also on the calendar, including AVAX, APT, SEI, STRK, YZY, and ARB. Among them, YZY’s scheduled unlock of roughly 120 million tokens on Aug. 16 stands out, representing about 22.83% of circulating supply, with an indicated value of about $35.8 million.

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Weekly crypto calendar: U.S. July CPI due, Unitree Technology opens subscription on Aug. 10
TUT
2026-08-09 09:30:00

TUT Jumps as Much as 6x in a Day, While Situational Awareness Adds $400 Million to Source Foundry

PA Daily compiled a wide-ranging set of crypto and tech developments, led by two headline items: token TUT’s sharp price spike and a fresh funding round for chip startup Source Foundry. TUT rose from $0.045 to $0.305 at its peak over the past day, with spot trading volume at $570 million and derivatives volume at $2.5 billion across the market. On-chain activity showed 160 million TUT, equal to 20% of supply, moving from Binance to Bitget over a little more than a day. Liquidations also surged, with TUT accounting for $34.99 million over the past hour. On the investment side, hedge fund Situational Awareness, founded by former OpenAI researcher Leopold Aschenbrenner, added $400 million to Source Foundry after a previous $100 million investment, bringing the total to $500 million. The digest also covered U.S. and EU policy moves, the Bitcoin BIP-110 split, BitMart’s response to withdrawal concerns, Santiment’s Bitcoin wallet data, and a series of market, macro and treasury-related research notes.

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TUT Jumps as Much as 6x in a Day, While Situational Awareness Adds $400 Million to Source Foundry